• Joint Ownership

    By Guest on 23rd Jun 2015

    On the Property Register for our house my wife and I are shown under Proprietorship Register as Title Absolute. Does that mean we are joint owners?

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    By Guest on 24/06/2015

    No. If you are both named in the Proprietorship Register as Registered Proprietors then you are joint legal owners. If there is a restriction in the Proprietorship Register that says " no disposition by a sole proprietor of the registered estate (other than a trust corporation) under which capital money arises shall be registered with an order of the Court" or similar then you held as tenants in common which means you hold the equity (the net proceeds if the property was sold) on trust for each other in equal or unequal shares or possibly for someone else. Otherwise you jointly and severally entitled to the equity as joint tenants

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